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GREENWICH, Conn. – The Securities and Exchange Commission has obtained a preliminary injunction freezing $118 million in assets of a Greenwich investment expert charged with fraud where he previously worked at Norwalk-based Oak Investment Partners, reports
Greenwichtime.com
.

Iftikar Ahmed, who started working at Oak Investment Partners in 2003, faces up to 20 years in prison and $5 million in fines for insider trading and other fraudulent acts, according to the report.

The court filed for the asset freeze in May, and Ahmed disappeared shortly after the injunction was filed. It is presumed he fled the country, according to Greenwichtime.com.